Spain boosted as land deal for Paramount Theme Park signed (Pinoso is 1 hour away)

Spain boosted as land deal for Paramount Theme Park signed (Pinoso is 1 hour away)12 March 2012 14:27

Spain’s property market has received a boost after the contract to complete the land sale for the new Paramount Theme Park in Murcia was signed.

The deal was secured by Proyectos Emblematicos Murcianos (PREMURSA), the promoter behind the Paramount project, who agreed to pay €10.3 million for two-thirds of the land earmarked for the project. PREMURSA president Jesus Samper said that the deal was “an important and necessary step for this great project which represents Paramount’s first Theme Park and Lifestyle Centre in Europe, a large cultural, business and leisure complex.”

Chris Mercer, director of estate agent Mercers, said that the project “is going to transform our corner of Murcia”. “After many months of waiting it now looks as though we have been right to have had faith in, and publicised, the ongoing Paramount saga,” he added.